Home prices
The median home in Wood Lake is valued at $66,900. This is about $15,660 (18%) lower compared to other places in this area.It is approximately $150,600 (69%) lower compared to the US as a whole, and compared to the city of Brookings is about $114,100 (63%) lower.
Rents
The median monthly rent in Wood Lake is $488. Compared to other places in this area this is roughly $149 (23%) lower.Compared to the entire nation it is about $574 (54%) lower, and it is about $265 (35%) lower in comparison to the city of Brookings.
Nearby places
Hanley Falls
Hanley Falls is about 4 miles northwest from Wood Lake. Housing prices there are pretty similar. The cost of the median home in Hanley Falls is $67,200, which is very similar to Wood Lake. Rents there are significantly more expensive. Hanley Falls's median rent is $721 a month, which comes out to $233 (32%) higher than Wood Lake.
Echo
Echo is roughly 5 miles east from Wood Lake. Its housing prices are a little less expensive. The median home in Echo is valued at $52,100, which works out to $14,800 (28%) lower than Wood Lake. The rent there is fairly similar. Echo's median rent is $469 a month, which comes out to $19 (4%) lower than Wood Lake.
Cottonwood
Cottonwood is approximately 6 miles southwest of Wood Lake. The real estate prices there are significantly more expensive. The median home in Cottonwood costs $159,400, which works out to $92,500 (58%) higher than Wood Lake. Rents there are a bit more expensive. The median rent in Cottonwood is $543 a month, which is $55 (10%) higher than Wood Lake.
Belview
Belview is approximately 9 miles east from Wood Lake. Housing prices there are a bit less expensive. The price of the median home in Belview is $59,100, which comes out to $7,800 (13%) lower than Wood Lake. The rent there is significantly more expensive. The median rent in Belview is $725 per month, which is $237 (32%) higher than Wood Lake.
Hazel Run
Hazel Run is about 9 miles northwest from Wood Lake. Its real estate prices are a bit more expensive. The median home in Hazel Run costs $75,000, which is $8,100 (10%) higher than Wood Lake. Its rents are significantly more expensive. In Hazel Run the median monthly rent is $725, which comes out to $237 (32%) higher than Wood Lake.